Topic: Do you think "iamnotback" really has the" Bitcoin killer"? - page 31. (Read 79971 times)

Byzantine fault tolerance allows individual nodes to assess whether another node is behaving out of the ordinary in relation to the rest of the network and thus ignore that misbehaving node?

Luckily I didn't waste my bitcoin on tons of altcoins. As a noob I lost some money on quarkcoin back then, the super strong multi hashing algo and stuff looked cool for a noob back then, also that guy Max Keiser and Bill Still shilled it... fuckers.
Other than that, I didn't lose any money, I learned the altcoin scam lesson fast. I am willing to give this guy a chance and i'll risk some of my BTC, but not a lot. If it is really a bitcoin killer, by buying 100 bucks it would be enough to retire.
I guess we will have a lot of time to buy cheap since it will probably stay under the radar for a while in marginal exchanges before the token is introduced in the big P.


You must take a lot of care when you do this, don't send it to the wrong person and instead of doing a re-writing this person releases it as his own work.. i guess you know this.

If I really had a "bitcoin killer" in the form of a whitepaper i would be too paranoid to send to anyone to be honest.

Thought I'd drop a post of support seeing as I'm stopping by....haven't been on for a while as I've been traveling a lot.

Glad to see that you're making progress and more importantly, that your health seems to be under more control now.  I imagine it's VERY frustrating when you want to work but are unable.  Keep it up though dude, one way or another your persistence will surely pay off.

Time is ticking though, every day is another day that the current offerings get a little more sticky...so you (and me) better get a move on!

Any forecasts on when you'll have a PoC?

Thanks @Fatoshi. I am a mix of pragmatic and rebellious. Well I won't be doing an ICO, so if and when you decide to buy some tokens, then it will be for an open source project that is already live. And let's hope we can do something that really makes an impact on more people than Bitcoin has thus far. And that means hopefully it will be the product of the effect and reward of a lot of hyper talented and motivated people, not just myself. I am just the initial force to get the snowball rolling downhill.

The key is making it scalable while maintaining decentralization (which no one else knows how to do, even Lightning Networks won't scale decentralized). And making the blockchain open so anyone can build stuff on the blockchain (which then should drive the number of developers on the open source blockchain project as well). And a monetization model that doesn't require all the app vendors to create their own unwanted tokens as in the current Ethereum "smart contract' ICO craze. And more...

Afaics, my blockchain and consensus design eliminates the huge sunk costs of PoW mining farms, while being more secure. It doesn't have the nothing-at-stake problems of PoS nor the "can get stuck requiring a hard fork" problems of Byzantine agreement (e.g. TenderMint/Cosmos, Byteball, Ethereum's Casper, etc). Again I can't easily summarize this design, because the devil is in the details, so you'll just have to read the whitepaper whenever I decide to publish it.

Here is a hint from the whitepaper and probably the most significant hint I've ever released:


Note I am hoping someone more skilled than myself at the task of technical writing, could rewrite the whitepaper before it is published. Also simply because writing it and thus rewriting is a huge distracting task and I have far too much to do.

I don't know if the guy really can make the bitcoin killer but it seems he thinks he can at least and will try to invest my last few bitcoins into it as a last hoorah to the idea of crypto.

After reading though his posts I kind of have a non gay bro crush due to his political views. My biggest sadness part from losing all my coins nearly investing in projects that turned out to be scams is there is very little subversiveness in crypto anymore. My pet hate is when people desperately discuss when and how Bitcoin can become 'legitimate' and accepted by the 'mainstream'  Screw that I want to rip the system a new one to the point the Federal Reserve leaders are begging on the streets for gold pieces.


I believe Satoshi was always thinking about the system as toxic and was thinking how to remodel it in a more Libertarian anti Fed system but I feel like he chickened out somewhat..who knows though.


Crypto needs more Subversion and more cowbell IMO.

crypto increasingly attractive in the world. increasingly tempted people will easily get the money, the more easily cryptocurrency has a high price. and no doubt some of the world intelgent will also intervene? .

The consensus algorithm and other aspects of my blockchain such as the sub-second instant confirmations, unbounded scaling/TPS, no block size issue, and eliminating PoW and PoS (and any reliance on the flaws of Byzantine agreement), while retaining the key desirable attributes of PoW is too complex to summarize. I wrote to my angel investor today:


No coin out there has a chance of being relevant against this design. I am feeling quite good after re-reading the key chapter 7 of my whitepaper again. I really did a good job in Q4 2016 of writing that down. If I get hit by a bus, my angel investor can make sure the design is not lost.

Afaik, side-chains can't be secured:


Follow-up:

That was the original choice but forced me to employ

 tags on all promotional code samples on the non-existent ICO-stage website, which was deemed to be excessive complexity tacked on an otherwise elegant, simple language. We just didn't think speculators would get quite the same FOMO effect without the 
.            

whitespace is the best programming language

https://en.wikipedia.org/wiki/Whitespace_(programming_language)#Sample_code

Proof-of-Non-existence is still in the design:


And the programming language:


Only one of the above quotes is serious.


Edit:

That is what I did. I researched, but nobody was able to tell me a real justification of such big pump, so I didn't buy, it was obviously going to correct, people wants to go BTC before the ETF deadline just in case it gets passed and we see a massive price increase.

Anyway Dash related...: what do you think about incentive to people running nodes? Should people running nodes do it in an altruistic fashion (ultimately they are getting "rewarded" by making their holdings stronger, since they are strengthening the network) or should people running nodes get paid directly too like miners?

Can this create some gameable scenarios? Im sure satoshi thought about it but decided to not give people running nodes money for doing so for a reason.
 In bitcoin, what would happen if people running nodes got paid some % based on something? (I don't know how this could be done, specially once all coins ever are mined, without turning it into an inflationary currency, since nodes don't process transactions). I hope this makes sense.

Someone typed in RED and i get the last word in and your all on ignore now.. lock this topic now !

Hopefully this is the last point I want to make about that.

I think it is time for me to stop worrying about the speculator markets.

Value can be proven by real adoption. I think that will drive solid investment, not just speculation. Any way, let's attempt it and find out.

You have to fight FOMO. You know if you buy now it will drop like a rock ... lol.

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